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USDA - Building Refugio TX - 9% Cap 603 E Empresario St 3,200 SF Office Building Refugio, TX 78377 $555,680 CAD ($173.65 CAD/SF) 9% Cap Rate
Investment Highlights
- Ample paved on-site parking for employees and customers
- Versatile zoning and layout suitable for office, medical, dental, service, or community-oriented uses
- Ideal investment property
- Professional exterior with prominent monument signage for excellent visibility
- Easy access and high visibility along E Empresario Street
- Located in a growing South Texas market with strong long-term potential
Executive Summary
603 E Empresario Street, offers a compelling investment opportunity in Refugio, Texas. This single-story commercial property features approximately 3,200 SF of building area on +/- 0.63 acres. Built in 1992, the property presents a practical layout with ample on-site paved parking and easy access for employees, customers, or service-related operations. Its professional exterior, monument signage, and spacious lot make it well-suited for a variety of commercial uses, including office, medical, service, or community-oriented operations. This well-positioned single-story commercial asset delivers a strong, stable investment opportunity with immediate income and long-term upside in the heart of Refugio. Currently occupied by the U.S. Department of Agriculture (USDA) Farm Service Agency, the property benefits from a reliable government tenant known for consistent occupancy and credit strength.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
3,200 SF
Building Class
C
Year Built
1992
Price
$555,680 CAD
Price Per SF
$173.65 CAD
Cap Rate
9%
NOI
$50,011 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,200 SF
Building FAR
0.10
Lot Size
0.73 AC
Parking
18 Spaces (5.63 Spaces per 1,000 SF Leased)
1 1
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 709302 | Improvements Assessment | $103,208 CAD |
| Land Assessment | $8,458 CAD | Total Assessment | $111,666 CAD |
Property Taxes
Parcel Number
709302
Land Assessment
$8,458 CAD
Improvements Assessment
$103,208 CAD
Total Assessment
$111,666 CAD
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USDA - Building Refugio TX - 9% Cap | 603 E Empresario St
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